Integrated Filing — IndAS



General information about company
Scrip Code 543650
NSE Symbol DCXINDIA
MSEI Symbol NA
ISIN INE0KL801015
Name of company DCX Systems Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 27-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 21-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Aerospace and Defence
Start date and time of board meeting 27-May-2025   16:30:00
End date and time of board meeting 27-May-2025   17:02:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-05-27
Indicate Company website link for updated RPT policy of the Company https://dcxindia.com/wp-content/uploads/2022/04/17_Policy_on_Related_Party_Transactions.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? Yes
No. of times funds raised during the quarter 2
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 4954060000 11120600000
Other income 136770000 675650000
Total income 5090830000 11796250000
2 Expenses
(a) Cost of materials consumed 4828150000 10803330000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0 0
(d) Employee benefit expense 42480000 147010000
(e) Finance costs 14450000 99600000
(f) Depreciation, depletion and amortisation expense 16410000 57190000
(f) Other Expenses
1 Other Expenses 42660000 141440000
Total other expenses 42660000 141440000
Total expenses 4944150000 11248570000
3 Total profit before exceptional items and tax 146680000 547680000
4 Exceptional items 0 0
5 Total profit before tax 146680000 547680000
6 Tax expense
7 Current tax 41720000 181840000
8 Deferred tax 12010000 9180000
9 Total tax expenses 53730000 191020000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 92950000 356660000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 92950000 356660000
17 Other comprehensive income net of taxes -1180000 -1180000
18 Total Comprehensive Income for the period 91770000 355480000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 222780000 222780000
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 0
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.83 3.2
Diluted earnings (loss) per share from continuing operations 0.83 3.2
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.83 3.2
Diluted earnings (loss) per share from continuing and discontinued operations 0.83 3.2
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 281870000
Capital work-in-progress 0
Investment property 43000000
Goodwill 0
Other intangible assets 3000000
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 1586260000
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 41650000
Total non-current financial assets 1627910000
Deferred tax assets (net) 11480000
Other non-current assets 500000
Total non-current assets 1967760000
2 Current assets
Inventories 1730980000
Current financial asset
Current investments 0
Trade receivables, current 1603600000
Cash and cash equivalents 1316070000
Bank balance other than cash and cash equivalents 7810720000
Loans, current 0
Other current financial assets 1950000
Total current financial assets 10732340000
Current tax assets (net) 0
Other current assets 1979730000
Total current assets 14443050000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 16410810000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 222780000
Other equity 11319000000
Total equity attributable to owners of parent 11541780000
Non controlling interest
Total equity 11541780000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 0
Total non-current financial liabilities 0
Provisions, non-current 27230000
Deferred tax liabilities (net) 0
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 27230000
Current liabilities
Current financial liabilities
Borrowings, current 0
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 5740000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 846620000
Total Trade payable 852360000
Other current financial liabilities 26360000
Total current financial liabilities 878720000
Other current liabilities 3855270000
Provisions, current 1100000
Current tax liabilities (Net) 106710000
Deferred government grants, Current 0
Total current liabilities 4841800000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 4869030000
Total equity and liabilites 16410810000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement of defined benefit liability/(asset) -1810000 -1810000
Total Amount of items that will not be reclassified to profit and loss -1810000 -1810000
2 Income tax relating to items that will not be reclassified to profit or loss -630000 -630000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income -1180000 -1180000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 547680000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0
Adjustments for decrease (increase) in inventories -476790000
Adjustments for decrease (increase) in trade receivables, current 5067110000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -744890000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current -4380000
Adjustments for other financial assets, current -1950000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -2949050000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 3532480000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 57190000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 400000
Adjustments for provisions, non-current 12640000
Adjustments for other financial liabilities, current 9620000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 0
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 4502380000
Net cash flows from (used in) operations 5050060000
Dividends received 0
Interest paid -66440000
Interest received -585120000
Income taxes paid (refund) 93620000
Other inflows (outflows) of cash -1810000
Net cash flows from (used in) operating activities 4435950000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 1457760000
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 0
Purchase of property, plant and equipment 61810000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 585120000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities -934450000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 2653070000
Payments of lease liabilities 0
Dividends paid 0
Interest paid 66440000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -2770000
Net cash flows from (used in) financing activities -2722280000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 779220000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 779220000
Cash and cash equivalents cash flow statement at beginning of period 8347570000
Cash and cash equivalents cash flow statement at end of period 9126790000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 NBS & Co Yes 31-Aug-2027


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)
Mode of Fund Raising Public Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 09-Nov-2022
Amount Raised 4000000000
Report filed for Quarter ended 31-Mar-2025
Monitoring Agency Applicable
Monitoring Agency Name, if applicable CARE Ratings Limited
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation NA
Comments of the Audit Committee after review NA
Comments of the auditors, if any NA
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Repayment/Prepayment, in full or part of certain borrowings availed by the company NA 1100000000 0 1100000000 0
2 Funding working capital requirements of Company NA 1600000000 0 1600000000 0
3 Investment in wholly owned Subsidiary, Raneal Advanced Systems Private Limited, to fund its capital expenditure expenses NA 448800000 198000000 198000000 0
4 General corporate purposes (GCP) NA 581500000 832300000 162400000 0


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (2)
Mode of Fund Raising QIP
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 19-Jan-2024
Amount Raised 5000000000
Report filed for Quarter ended 31-Mar-2025
Monitoring Agency Applicable
Monitoring Agency Name, if applicable CARE Ratings Limited
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation NA
Comments of the Audit Committee after review NA
Comments of the auditors, if any NA
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any
1 Investment in Subsidiary, NIART Systems Ltd NA 2090000000 0 1257800000 0
2 Investment in joint ventures and/or subsidiaries NA 2000000000 0 0 0
3 General corporate purposes (GCP) NA 776500000 0 0 0


Signatory Details
Name of signatory GURUMURTHY GANAPATI HEGDEt
Designation of person Company Secretary and Compliance Officer
Place Bengaluru
Date 27-May-2025




Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 DCX SYSTEMS LIMITED Dcx Chol Enterprises Inc Entity forming part of Promoter Company Purchase of goods or services 500000000 No Remarks 0 -7130000 -7280000
2 DCX SYSTEMS LIMITED Dcx Chol Enterprises Inc Entity forming part of Promoter Company Sale of goods or services 1000000000 No Remarks 0 3980000 4070000
3 DCX SYSTEMS LIMITED Raneal Advanced Systems Private Limited Wholly owned subsidiary Investment 0 No Remarks 0 328380000 328380000
4 DCX SYSTEMS LIMITED NIART Systems Limited Wholly owned subsidiary Investment 0 No Remarks 0 1257890000 1257890000
5 DCX SYSTEMS LIMITED Raneal Advanced Systems Private Limited Wholly owned subsidiary Purchase of goods or services 15000000000 No Remarks 1558190000 11060000 -1143910000
6 DCX SYSTEMS LIMITED Raneal Advanced Systems Private Limited Wholly owned subsidiary Sale of goods or services 15000000000 No Remarks 4161980000 0 246500000
7 DCX SYSTEMS LIMITED Raneal Advanced Systems Private Limited Wholly owned subsidiary Any other transaction Income (Rent received) 12000000000 No Remarks 910000 130000 140000
8 DCX SYSTEMS LIMITED Raneal Advanced Systems Private Limited Wholly owned subsidiary Any other transaction Reimbursement of Expenses 0 No Remarks 2520000 0 2520000
9 DCX SYSTEMS LIMITED RNSE-Tronics Private Limited Promoter Group Company Purchase of goods or services 8000000000 No Remarks 92100000 -144030000 -62040000
10 DCX SYSTEMS LIMITED H. S. Raghavendra Rao Chairman and Managing Director Remuneration 24000000 No Remarks 11450000 1100000 1100000
11 DCX SYSTEMS LIMITED Shiva Kumara R Director and KMP Remuneration 7000000 No Remarks 2850000 310000 320000
12 DCX SYSTEMS LIMITED Anand S KMP and Director of a Promoter Group Company Remuneration 4500000 No Remarks 1830000 200000 200000
13 DCX SYSTEMS LIMITED Pramod. B KMP and Director of a Promoter Group Company Remuneration 4500000 No Remarks 1830000 220000 220000
14 DCX SYSTEMS LIMITED Pramod. B KMP and Director of a Promoter Group Company Any other transaction Travel Advance 0 No Remarks 0 110000 110000
15 DCX SYSTEMS LIMITED Shiva Kumara R Director and KMP and Director of a Promoter Group Company Any other transaction Travel Advance 0 No Remarks -220000 220000 0
16 DCX SYSTEMS LIMITED Anand S KMP and Director of a Promoter Group Company Any other transaction Travel Advance 0 No Remarks -280000 390000 110000
17 DCX SYSTEMS LIMITED Harsha H.M Director of a Promoter Group Company Any other transaction Payable / (Advance)/Professional fees 2500000 No Remarks 390000 270000 270000
18 DCX SYSTEMS LIMITED Harsha H.M Director of a Promoter Group Company Any other transaction Reimbursement of Expenses 0 No Remarks 10000 0 0
Total value of transaction during the reporting period 5833560000